PPP Loan Data — Hawaii Foodservice Alliance LLC, Honolulu, HI
Hawaii Foodservice Alliance LLC is a corporation located at 2720 Waiwai Loop in Honolulu, Hawaii that received a Coronavirus-related PPP loan from the SBA of $3,155,500.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF HAWAII
Hawaii Foodservice Alliance LLC in Honolulu, HI received a Paycheck Protection Loan of $3.16M through BANK OF HAWAII, which was approved in April, 2020.
Based on standard PPP eligibility rules, Hawaii Foodservice Alliance LLC's total 2019 payroll expenses were approximately $15.15M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $60,586 per employee1.
Business Information - Hawaii Foodservice Alliance LLC in Honolulu, HI
2720 Waiwai Loop
Honolulu, HI 96819
General Line Grocery Merchant Wholesalers (NAICS code 424410)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: HI-01
Similar Companies near Honolulu
In the Honolulu area, 9 businesses in the "General Line Grocery Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 73 employees (compared to this company's 250) and received an average PPP loan of $1,175,012 (compared to this company's $3.16M).
Similar Nearby Businesses Who Received PPP Funding:
K&J Wholesale Co, LTD
East West Marketing, Inc.
Greater Pacific Foods, LLC
Y. Hata & Company, Limited
Oriental Food Distributor Inc
HAM Produce, Inc.
Industry PPP Comparison Statistics
Nationwide, 4,442 businesses in the "General Line Grocery Merchant Wholesalers" industry received a total of $596,799,136.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 14 employees, 94% lower than Hawaii Foodservice Alliance LLC's reported 250 employees, and received an average PPP loan of $134,354, 96% lower than this company's loan of $3.16M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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